Market Overview

The consumer sentiment survey for long-term inflation expectations hit a 15-year high today. This comes at the end of the second-greatest Fed tightening cycle in history. Moreover, the 1-year...

The 2023 holiday season is officially upon us, and already, records are being shattered. Black Friday deal-hunters in the U.S. shelled out $9.8 billion online, a 7.5% over last year, according to...

Market Overview: S&P 500 E-mini FuturesThe weekly chart formed an S&P 500 E-mini follow-through bull bar following the breakout above the bear trend line. The next target for the bulls is...

Major pairs and gold climb to new highs as dollar sags Inflation data and Fed speakers awaited for directionOil drifts lower ahead of OPEC+ decisionMarkets cautiously optimistic ahead of key...

Gold Settles Above 2,000 Due to the US Dollar's WeaknessThe gold (XAU) price rose by 0.5% on Friday and finished the day above the important 2,000 mark for the first time since 27 October. Friday's...

Volatility, gauged by the Vix indicator, has seen a remarkable 41% decrease in the past four weeks, marking its ninth most significant drop within this historical timeframe. Meanwhile, managers are...

The Mastercard SpendingPulse data noted that black Friday shopping increased by 2.5% y/y, down sharply from a 12% y/y increase in 2022. When we think about this, adjusted for inflation, that would...

Here's a quick update for this holiday-shortened week! From my perspective, two things mattered this week: The release of the FOMC meeting minutes The latest consumer sentiment reading Fed Suggests...

Dollar pulls back on Thanksgiving as Fed cut bets weighFocus today turns to the preliminary S&P Global PMIsJapan’s CPIs accelerate, corroborating a BoJ policy exit next yearGold gains, oil...

Gold Fails to Hold Above 2,000 for the Third DayThe gold price increased slightly in the quiet trading session on Thursday as the US dollar declined during the Thanksgiving holiday. XAU/USD rose by...

In the 1995 film, Home for the Holidays, family reunions are explored.Using both drama and comedy, the film illustrates how we outsiders looking in never really know the love and the madness that goes...

While the US economy has been surprisingly resilient this year to the Federal Reserve’s (Fed) aggressive monetary tightening, we cannot say that we have a similar soothing picture in Europe. The...

Oil plunges on OPEC+ meeting delay, sparking rally in US dollarBut dollar resumes decline today as rivals advance on easing gloomStocks mostly positive in holiday-thin tradeOil prices whipsaw on OPEC+...

Gold Corrects Slightly But Remains in the UptrendThe gold (XAU) price dropped by 0.43% on Wednesday after higher-than-expected Michigan Consumer Sentiment Index figures. A technical rise of the US...